The Financial Crisis That Began in 2007

question 18

Multiple Choice

The financial crisis that began in 2007

• A) was predicted in detail by Alan Greespan and Ben Bernanke.
• B) was centered on subprime lending and the complex financial instruments based on subprime loans.
• C) was caused by a downturn in the stock market.
• D) None of the above are correct.

---

Definitions:

Metallic Mineral

Minerals from which metal can be extracted, typically characterized by a shiny, metallic luster and conductivity of heat and electricity.

Zinc

A metallic element required in small amounts by most living organisms for enzyme function, DNA synthesis, and immune response.

Canada

A country in North America known for its vast landscapes, multicultural cities, and as a leader in environmental conservation.

Low-Grade Ores

Ores that contain a relatively low concentration of the desired metal, requiring more extensive and often more expensive processing to extract the metal.